Alexander And Kline Give Statement On Student Loan Interest Rate Report

Friday, January 31, 2014

Senator Lamar Alexander and House Education and the Workforce Committee Chairman John Kline (R-Mn.) issued the following joint statement after the Government Accountability Office (GAO) released a report on federal student loan interest rates:

“Today’s GAO report makes it clear that Congress was exactly right to tie student loan interest rates to market rates, because that is the fairest way to ensure the loans don’t overcharge either students or taxpayers. The Bipartisan Student Loan Certainty Act cut interest rates for undergraduate loans nearly in half and made all student loans cheaper, simpler and more certain.”

The Bipartisan Student Loan Certainty Act (also known as the Smarter Solutions for Students Act) included a provision directing the GAO to provide information on issues related to the cost of federal student loans. Specifically, the report was intended to help members of Congress determine whether there was an ideal federal student loan interest rate that would ensure the government could cover Direct Loan costs without generating excess revenue. To read the full report, entitled “Borrower Interest Rates Cannot Be Set in Advance to Precisely and Consistently Balance Federal Revenues and Costs,” click here.

Learning Blade Announces "Hack Attack" Computer Science Mission

Chattanooga-based Thinking Media’s Learning Blade announced the new “Hack Attack” Computer Science Mission to over 400 attending the Arkansas Public School Resource Center (APSRC) Annual Conference in Hot Springs this week. Arkansas has led the nation by the passage of Computer Science Education and Jobs Act of 2015, which provides computer coding classes to all Arkansas high ... (click for more)

Baylor Elects 2016-17 Honor Council

Members of Baylor's 101st Honor Council have been elected for the 2016-17 school year.  They are Trey Freeman '18, Annie Dethero '17, Alison Anderson '17, Lauren King '17, David Thompson '17, Ashton Jenne '17, Kristopher Kennedy '19, Connor Duffy '20, Chase Radpour '20, Jonyca Jiao '19, Sarah Talley '18, Matthew Davis '18, Alex Robinson '19 and Mats Pokela '18.  ... (click for more)

Domestic Assault Charge Dismissed Against Bobby Stone In Case Involving Mayor's Top Advisor; Stone Says Berke Had Inappropriate Relationship With His Wife; Says Berke And Fletcher Conspired To Arrest Him; Lacie Stone Says Charges Completely False

A charge of domestic assault was dismissed Friday morning against Bobby Stone in a case involving a top advisor to Mayor Andy Berke.  Afterward, Mr. Stone told reporters that the mayor had an inappropriate relationship with his wife, Lacie Stone. He also charged that Mayor Berke and Police Chief Fred Fletcher conspired to arrest him. Mr. Stone is expected to file ... (click for more)

Firefighters Respond To Residential Fires Friday Night, Early Saturday Morning

Chattanooga firefighters responded to two fires Friday night and early Saturday morning. The first fire occurred around 11 p.m. Friday and was located at 7128 Lea Road. The fire reportedly started in the kitchen, but was spreading rapidly. The Chattanooga Fire Department initially responded with four fire companies.  Captain Andre Dean with Quint 21 said ... (click for more)

Bobby Stone, Is It Really A Win? - And Response

It brought a smile to my face this morning when I saw where the case was thrown out of court against Mr. Stone and the domestic violence charge.  I have supported his cause from the beginning, but I do feel heartbreak because his personal life had to be tossed out there for all of us to see.   I truly hope and pray things turn around for him and his wife, while I feel ... (click for more)

Roy Exum: Kelly Could Win It

I am neither a sleuth nor an odds maker but I’d say there is about a one-in-three chance that Interim Hamilton County Department of Education Superintendent Kirk Kelly could become the permanent superintendent of our public schools next Thursday. I am assured something squirrelly is happening on our newly-seated school board. It has been seven months since the last superintendent ... (click for more)